The Energy Report: In The Bunker – Monday, October 14
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Oil prices are going down in the bunker with Iranian President Masoud Pezeshkian who will soon enter the “strongest bunker in the world” alongside Supreme Leader Ali Khamenei according to reports. Risk premium in oil is being reduced as Install has not bombed Iran’s nuclear facilities, yet.Iran’s leadership is scared. Israeli Broadcasting Authority: reported that […]
AUD/USD Declines On Negative Outlook For Trading Neighbor China
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
AUD/USD manages to claw back some of its earlier losses and climbs into the 0.6730s on Monday after trading down to 0.6700 following the release of weak Chinese export data, which negatively impacted the Australian Dollar (AUD) due to the two country’s close trade ties.China Exports in September declined to 2.4% YoY from 8.4% previously and […]
Bitcoin breaks $65,000 level, altcoins eye “up-only” season
Oct 14, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin broke the $65,000 mark, reflecting a robust uptrend influenced by global economic factors. Major gains in Solana-based memecoins signal a broader altcoin market rally. Share this article The price of Bitcoin surged past $65,000 on Monday after breaking through the $64,000 mark and extending its rally to $64,800, according to data from […]
The Impact Of AI On Business Decision-Making: Insights And Strategies
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Making the right decisions in business is more challenging than ever. With so much data to sift through, it’s easy to feel overwhelmed.I’ve been there—spending hours analyzing reports, only to second-guess my choices later. It’s frustrating and time-consuming. And in today’s fast-paced world, 46% of business owners, like you and me, are turning to AI […]
S&P 500 Reaches New Height As Bank Profits Propel Market Upward
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
The S&P 500 (Index: SPX) reached a new height to mark the end of the second week of October 2024. The index closed at a new all time record high of 5,815.03 on Friday, 11 October 2024, a 1.1% increase over where it closed in the previous week.Most of that week-over-week gain came on Friday as both JP […]
China Is Experiencing A Deflationary Trend. Rating Agencies Downgraded France
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
On Friday, the Dow Jones (US30) rose 0.97% (for the week +1.36%) and set a new all-time high. The S&P 500 Index (US500) gained 0.61% (for the week +1.35%). The NASDAQ Technology Index (US100) closed positive 0.15% (for the week +1.59%). Despite a sharp drop in Tesla (TSLA) shares due to a failed robot cab […]
Asia Morning Bites For Monday, Oct 14
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Global Macro and Markets Global Markets: After all the recent volatility, Friday was a quiet day for US Treasuries. The 2Y Treasury yield declined by just 0.2 basis points, while the 10Y rose 3.9bp and is now 4.10%. EURUSD was also fairly subdued and is 1.0925, only slightly lower than at this time […]
Trump faces potential assassination attempt ahead of World Liberty token sale
Oct 14, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways A potential assassination plot against Trump occurred ahead of the World Liberty token sale. The police assessed that the incident did not pose a direct threat to Trump or the rally attendees. Share this article Donald Trump recently faced a potential assassination plot in the lead-up to the token sale of World Liberty […]
Ratio Charts Of Note
Oct 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe ratio charts below offer three general themes.The first group, which are some very of an equity index divided by a precious metal, concludes that (a) equities will be going down (b) precious metals will be going up, or (c) both. In real money terms (real money being defined as, let’s say, gold) – – […]
Evergreen Private Equity Funds Attracting Assets
Oct 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsEvergreen funds are a relatively new concept in the private equity (PE) world compared to traditional closed-end funds. They were introduced to address the negatives of the traditional way to invest in private equity which had been in the form of partnerships. Investors in the partnerships were limited partners who received Schedule K-1’s at the […]